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Tuesday, April 23, 2024

A 30% national sales tax? Abolishing the IRS? What the FairTax Act of 2023 would do.

There is hardly an area of American life more subject to partisan debate than the tax code. Democrats want to raise taxes. Republicans want to slash them. At least that’s how the well-worn narrative goes. But, in actuality, debate over the IRS and how much Americans should fork over to Uncle Sam …

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